On 1 September 2015, invitations to nominate candidates for the 2016 Shaw Prize in Astronomy, Life Science and Medicine and Mathematical Sciences have been sent to designated nominators. Nominations for the year 2016 shall be valid only if received by The Shaw Prize Secretariat on or before 30 November 2015 .

The Shaw Prize Foundation is pleased to announce that the monetary award for each prize will be increased to one million and two hundred thousand US dollars from the year of 2016.